Maybe you've heard, maybe not. It's going to be a bad hurricane season, and I suspect it'll be even worse than forecasts think. If the Gulf gets hit crazy hard, where would the best place to be to buy calls? USO, maybe just oil futures? What do you think?
Where to buy calls on oil for strong hurricane season?
byu/lookimrory inoptions
Posted by lookimrory
1 Comment
how far out are you trading or how far out is “hurricane season? Either CL or USO will give you exposure to oil delivery prices.
Though I would stay away from CL if you have never traded futures.